Tag: Agreements

CITIC Group Corp., one of China’s largest state-owned investment companies, is selling its main operating unit to daughter company, CITIC Pacific Ltd., in a plan to get a backdoor listing on the Hong Kong stock exchange. According to a framework...

Airbus will soon control more than 50 percent of China’s helicopter market, payoff for one of several multibillion dollar deals inked today with China’s leading aircraft manufacturer and the country’s central purchasing agency. The biggest deal is a 10-year agreement...

Tencent Holdings Ltd., the owner of popular messaging services WeChat and QQ, announced on March 9 that it had formed a strategic partnership with China’s second-largest e-commerce company. JD.com, Inc., also known as Jingdong or 360Buy, will gain two of...

Chindex International Inc., a Bethesda, Md.-based healthcare company that operates hospitals in Beijing, Shanghai, Tianjin, and Guangzhou, announced on February 17 that it had been acquired by Shanghai Fosun Pharmaceutical Co. and private-equity firm TPG Capital for $369 million. The...

The Boeing Company has secured $20.7 billion in commitments from Chinese state-owned airlines and private leasing firms, according to an exclusive Reuters report. The deal represents China’s first orders for Boeing’s upgraded short-haul aircraft, the 737 Max. According to multiple...

Chinese companies will soon be allowed to invest in British nuclear power plants and eventually hold majority ownership stakes, according to an announcement made yesterday by Britain’s finance minister George Osborne. Osborne, who has already inked multiple banking deals in...